The May 25th deadline is fast approaching for GDPR compliance. By now you've been made very familiar with the fines for non-compliance and the strict requirements required for any company that deals with data subjects in the EU. You've probably seen helpful infographics, lengthy whitepapers and terms like privacy by design, SOTA requirements, the right to be forgotten and cross-functional data governance teams.
Raw, coherent data should be driving your business. Documents in your organizations are a force to be reckoned with when properly understood and managed. At Shinydocs, we believe in one simple principle: understanding enterprise data is the building block to any digital transformation effort.
Tackling the spring cleaning of your data chaos is a lot like organizing the garage. It's been on the to do list for years, but it's a big pain and you don't know where to start. Then, your water heater breaks and you're forced to clear a path through the clutter for the repairman. Now, only because of this forced situation, you have to finally organize and tidy the garage. Oy.
GDPR is secretly a blessing. It encourages us to re-imagine business processes and sort through our data chaos.
How is your organization preparing for GDPR regulations? 79% of companies have no plan for GDPR. With noncompliance penalties up to 4% of annual revenues, you can’t afford to marginalize privacy solutions. The reality is that half of all organizations will not be GDPR-compliant by the end of 2018. With about 160 requirements, we consolidated the key information into a bite-size summary.